Pacific Net Tangible Assets vs Net Working Capital Analysis
PPM Stock | CAD 0.01 0.00 0.00% |
Pacific Imperial financial indicator trend analysis is much more than just breaking down Pacific Imperial Mines prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pacific Imperial Mines is a good investment. Please check the relationship between Pacific Imperial Net Tangible Assets and its Net Working Capital accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pacific Imperial Mines. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Net Tangible Assets vs Net Working Capital
Net Tangible Assets vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pacific Imperial Mines Net Tangible Assets account and Net Working Capital. At this time, the significance of the direction appears to have strong relationship.
The correlation between Pacific Imperial's Net Tangible Assets and Net Working Capital is 0.76. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Pacific Imperial Mines, assuming nothing else is changed. The correlation between historical values of Pacific Imperial's Net Tangible Assets and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Pacific Imperial Mines are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Net Tangible Assets i.e., Pacific Imperial's Net Tangible Assets and Net Working Capital go up and down completely randomly.
Correlation Coefficient | 0.76 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Net Working Capital
Most indicators from Pacific Imperial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pacific Imperial Mines current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pacific Imperial Mines. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. Selling General Administrative is likely to climb to about 109.8 K in 2024. Issuance Of Capital Stock is likely to climb to about 235.2 K in 2024
Pacific Imperial fundamental ratios Correlations
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Pacific Imperial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pacific Imperial fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 137.6K | 324.0K | 95.1K | 26.7K | 39.3K | 37.3K | |
Total Current Liabilities | 9.0K | 157.9K | 110.1K | 306.9K | 399.7K | 419.7K | |
Total Stockholder Equity | 128.7K | 166.1K | (15.0K) | (280.2K) | (360.4K) | (342.4K) | |
Net Tangible Assets | 223.4K | 128.7K | 166.1K | (15.0K) | (17.3K) | (16.4K) | |
Retained Earnings | (6.6M) | (7.2M) | (7.3M) | (7.6M) | (7.7M) | (8.1M) | |
Accounts Payable | 1.7K | 63.7K | 27.8K | 131.1K | 159.4K | 167.4K | |
Cash | 126.3K | 299.9K | 64.7K | 11.5K | 19.3K | 18.3K | |
Net Receivables | 7.4K | 9.9K | 19.8K | 26.7K | 30.7K | 32.2K | |
Total Liab | 9.0K | 157.9K | 110.1K | 306.9K | 399.7K | 419.7K | |
Total Current Assets | 137.6K | 324.0K | 95.1K | 26.7K | 39.3K | 37.3K | |
Net Invested Capital | 128.7K | 166.1K | (15.0K) | (160.2K) | (190.4K) | (180.9K) | |
Net Working Capital | 128.7K | 166.1K | (15.0K) | (280.2K) | (360.4K) | (342.4K) |
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When running Pacific Imperial's price analysis, check to measure Pacific Imperial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Pacific Imperial is operating at the current time. Most of Pacific Imperial's value examination focuses on studying past and present price action to predict the probability of Pacific Imperial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pacific Imperial's price. Additionally, you may evaluate how the addition of Pacific Imperial to your portfolios can decrease your overall portfolio volatility.